Stock Market

Stocks to watch: IDBI, MCX, NALCO, Patel Eng, Jagaran, Aurobindo

Stocks to watch: IDBI, MCX, NALCO, Patel Eng, Jagaran, Aurobindo

Here are stocks that will be in news on May 23:


Results on Monday: Tata Power, Bharat Petroleum Corporation, Jyothy Laboratories, Chennai Petroleum Corporation, 20 Microns, Aban Offshore, Shriram EPC, Torrent Pharmaceuticals, Sonata Software, TTK Prestige, Tara Jewels, VRL Logistics, Welspun Corp, Welspun Enterprises, Acrysil, Allied Digital Services, Amrapali Fincap, Archies, Arihant Avenues & Credit, Banswara Syntex, Budge Budge Company, Camlin Fine Sciences, CIL Nova Petrochemicals, City Union Bank, Dalmia Bharat Sugar, Dion Global Solutions, Dish TV India, Emkay Global Financial Services, Engineers India, Eon Electric, Ganon Trading Finance, Golden Tobacco, Goodricke Group, GP Petroleums, HK Trade International, Heritage Foods, Himadri Chemicals and Industries, Hitech Plast, HSIL, IG Petrochemicals, ICVL Steels, India Gelatine & Chemicals, India Radiators, Inditrade Capital, Intellivate Capital Ventures, Jamshri Ranjitsinghji, Jaykay Enterprises, Jubilant Industries, Kanpur Plastipack, Kaushalya Infrastructure Development Corporation, Kewal Kiran Clothing, Kushal Tradelink, Lakshmi Automatic Loom Works, Lynx Machinery & Commercials, Maharashtra Scooters, Manali Petrochemicals, Mukand, National Fertilizers, Nidhi Granites, Omkar Speciality Chemicals, Orient Bell, OTCO International, Picturehouse Media, PVP Ventures, Radhe Developers (India), Radhey Trade Holding, Rama Vision, Rane Brake Lining, Samkrg Pistons & Rings, Saurashtra Cement, Shailja Commercial Trade Frenzy, Shyamkamal Investments, Simmonds Marshall, Sri Nachammai Cotton Mills, Sundaram Multi Pap, Sunil Agro Foods, Suryalata Spinning Mills, Swarna Securities, Tata Investment Corporation, Teamlease Services, TRC Financial Services, Triton Corp, Veto Switchgears, Vikas EcoTech, Vippy Spinpro, Vishal Fabrics, Yogya Enterprises


Foreign Investment Promotion Board
-Approves 4 foreign direct investment (FDI) proposals
-Rejects 7 FDI proposals, defers 3 FDI proposals
-Approves Aurobindo Pharma’s FDI proposal
-Defers Vodafone India, Mylan Labs, Reckitt Benckiser’s FDI proposals
-Holcim FDI proposal referred to Cabinet Committee on Economic Affairs (CCEA)


Sumant Sinha owned ReNew Power kick starts IPO process: Sources
-ReNew Power sends request for proposal to investment banks
-Investment banks may be pitching by early June for ReNew Power IPO mandate
Alert: ReNew Power did not offer any comment on IPO plans


Other stocks and sectors that will be in news on May 23:
-Uniply Industries board makes open offer to acquire 26 percent of UV Boards at Rs 13.5/share
-Dilip Shanghvi, IDFC Bank, Telenor withdraw plans to establish payment bank
-RBI removes MCX from foreign investment caution list
-Rallis India unit Metahelix enters JV in Indonesia to start seed production, distribution company
-NALCO board to meet on May 25 to consider buyback proposal
-Patel Engineering JV with AGE Construction wins 2 orders worth Rs 2376.9 crore
-Jagaran Prakashan board to meet on May 30 to consider buyback proposal
-Sadbhav Infrastructure declared L1 for 2 projects costing Rs 1,442 crore


January-March Quarter Earnings
 
IDBI Bank Q4
-Net loss at Rs 1,736 crore versus profit of Rs 546 crore (YoY)
-NII down 14 percent at Rs 1,427.6 crore versus Rs 1,660.3 crore (YoY)
-Gross NPA at 10.98 percent versus 8.94 percent (QoQ)
-Net NPA at 6.78 percent versus 4.6 percent (QoQ)
-Gross NPA up 26.8 percent at Rs 24,875 crore versus Rs 19,615 crore (QoQ)
-Net NPA up 52.3 percent at Rs 14,643 crore versus Rs 9,613 crore (QoQ)
-Net interest margin at 1.88 percent versus 2 percent (QoQ)
-Provisions at Rs 4,450 crore versus Rs 3,723 crore (QoQ); versus Rs 1,718 crore (YoY)
-Other income at Rs 1,346.2 crore versus Rs 578.3 crore (QoQ)
-Tax write-back at Rs 1,119 crore versus tax expense of Rs 225 crore (YoY)
-Fresh slippages at Rs 10,260 crore, write offs at Rs 4,250 crore
-Recoveries at Rs 515 crore, upgradations Rs 236 crore
-Total SMA-2 accounts currently at Rs 19,000 crore
-Sale to ARCs at Rs 1,200 crore, accounts under SDR at Rs 8,000 crore
IDBI Bank says
-Have fully completed asset quality review provisioning requirements
-Deposits grew by 2.3 percent; advances grew by 3.6 percent (YoY)
-Non-performing loan provision coverage ratio at 57.24 percent as on March 31


Britannia Q4
-Net profit up 13.7 percent at Rs 190.2 crore versus Rs 167.3 crore (YoY)
-Total income up 7.2 percent at Rs 2,211.4 crore versus Rs 2,063.6 crore (YoY)
-EBITDA up 15.1 percent at Rs 291.2 crore versus Rs 252.9 crore (YoY)
-EBITDA margin at 13.2 percent versus 12.3 percent (YoY)


Just Dial Q4
-Net profit up 30.7 percent at Rs 35.3 crore versus Rs 27 crore (QoQ)
-Total income up 4.8 percent at Rs 179.6 crore versus Rs 171.3 crore (QoQ)
-EBITDA up 25.2 percent at Rs 44.2 crore versus Rs 35.3 crore (QoQ)
-EBITDA margins at Rs 24.6 crore versus Rs 20.6 crore (QoQ)
-Other income up 61.5 percent at Rs 15.5 crore versus Rs 9.6 crore (QoQ)


Hindustan Organic Q4
-Net loss at Rs 41.2 crore versus loss of Rs 48.2 crore (YoY)
-Total income down 83.2 percent at Rs 11.7 crore versus Rs 69.8 crore (YoY)
-Exceptional gain Rs 10.6 crore


Allcargo Logistics Q4
-Net profit up 24.5 percent at Rs 69.1 crore versus Rs 55.5 crore (YoY)
-Total income down 0.8 percent at Rs 1,402 crore versus Rs 1, 413.1 crore (YoY)
-EBITDA up 17.6 percent at Rs 125.4 crore versus Rs 106.7 crore (YoY)
-EBITDA margin at 8.9 percent versus 7.5 percent (YoY)
-Other income down 57.6 percent at Rs 7.8 crore versus Rs 18.4 crore (YoY)


Honda Siel Q4
-Net profit up 6.2 percent at Rs 15.4 crore versus Rs 14.5 crore (YoY)
-Total income up 5.1 percent at Rs 194 crore versus Rs 184.5 crore (YoY)
-EBITDA up 34 percent at Rs 28.8 crore versus Rs 21.5 crore (YoY)
-EBITDA margin at 14.8 percent versus 11.7 percent (YoY)


Gayatri Sugars Q4
-Net profit at Rs 16.3 crore versus loss of Rs 10.8 crore (YoY)
-Total income up 17.5 percent at Rs 101.2 crore versus Rs 86.1 crore (YoY)
-EBITDA at Rs 23.3 crore versus Rs 1.5 crore (YoY)
-EBITDA margin at 23 percent versus 1.7 percent (YoY)


Cox & Kings Q4
-Consolidated net loss at Rs 305.5 crore versus profit of Rs 64.5 crore (YoY)
-Total income down 3.8 percent at Rs 471 crore versus Rs 489.6 crore (YoY)
-EBITDA down 56.5 percent at Rs 74.1 crore versus Rs 170.2 crore (YoY)
-EBITDA margin at 15.7 percent versus 34.8 percent (YoY)
-Exceptional loss at Rs 489 crore
-Profit on sale of subsidiaries at Rs 216.2 crore
-Goodwill write-off on sale of subsidiaries at Rs 688.6 crore


Ashoka Buildcon Q4
-Loss at Rs 7.3 crore versus profit of Rs 37.8 crore (YoY)
-Total income down 9.2 percent at Rs 729.2 crore versus Rs 803 crore (YoY)
-EBITDA up 19.9 percent at Rs 205.4 crore versus Rs 171.3 crore (YoY)
-EBITDA margin at 28.2 percent versus 21.3 percent (YoY)


Balrampur Chini Q4
-Net profit up 30.3 percent at Rs 98.8 crore versus Rs 75.8 crore (YoY)
-Total income up 17 percent at Rs 770.6 crore versus Rs 658.3 crore (YoY)
-EBITDA at Rs 311.6 crore versus Rs 106.4 crore (YoY)
-EBITDA margin at 40.4 percent versus 16.2 percent (YoY)


Timken India Q4
-Net profit up 59.9 percent at Rs 27.5 crore versus Rs 17.2 crore (YoY)
-Total income up 15.8 percent at Rs 275.8 crore versus Rs 238.2 crore (YoY)
-EBITDA up 57 percent at Rs 49 crore versus Rs 31.2 crore (YoY)
-EBITDA margin at 17.8 percent versus 13.1 percent (YoY)


Bombay Rayon Fashion Q4
-Net profit up 45 percent at Rs 10.3 crore versus Rs 7.1 crore (YoY)
-Total income up 16.7 percent at Rs 1,197 crore versus Rs 1,025.5 crore (YoY)
-EBITDA down 11.1 percent at Rs 115.7 crore versus Rs 175.1 crore (YoY)
-EBITDA margin at 13 percent versus 17.1 percent (YoY)


Ramco Industries Q4
-Net profit at Rs 70.2 crore versus Rs 27.2 crore (YoY)
-Total income at up 9.7 percent at Rs 254.6 crore versus Rs 232 crore (YoY)
-EBITDA down 12.5 percent at Rs 21.8 crore versus Rs 24.9 crore (YoY)
-EBITDA margins at 8.6 percent versus 10.7 percent (YoY)


Neuland Labs Q4
-Net profit at Rs 6.6 crore versus Rs 5.7 crore (YoY)
-Total income up 1.1 percent at Rs 135 crore versus Rs 133.5 crore (YoY)
-EBITDA Down 14.5 percent at Rs 17.1 crore versus Rs 20 crore (YoY)
-EBITDA margin at 12.7 percent versus 15 percent (YoY)


Praj Industries Q4
-Net profit down 7.4 percent at Rs 34 crore versus Rs 36.7 crore (YoY)
-Total income up 7.7 percent at Rs 329.8 crore versus Rs 306.2 crore (YoY)
-EBITDA up 10.8 percent at Rs 44.2 crore versus Rs 39.9 crore (YoY)
-EBITDA margin at 13.4 percent versus 13 percent (YoY)


Selan Exploration Q4
-Net profit down 72.5 percent at Rs 1.1 crore versus Rs 4 crore (YoY)
-Total income up 35.6 percent at Rs 12.2 crore versus Rs 9 crore (YoY)


Premier Q4
-Net loss at Rs 32.3 crore versus profit of Rs 6.6 crore (YoY)
-Total income down 58 percent at Rs 15.6 crore versus Rs 37.2 crore (YoY)


Siyaram Silk Mills Q4
-Net profit flat at Rs 32.1 crore (YoY)
-Total income up 5.2 percent at Rs 504.9 crore versus Rs 480 crore (YoY)
-EBITDA up 3.3 percent at Rs 60.3 crore versus Rs 58.4 crore (YoY)
-EBITDA margin at 11.9 percent versus 12.2 percent (YoY)


Mindtech Q4
-Net profit down 27.8 percent at Rs 1.3 crore versus Rs 1.8 percent (YoY)
-Total income up 9 percent at Rs 25.5 crore versus Rs 23.4 crore (YoY)


Flexituff Q4
-Net profit down 18 percent at Rs 5 crore versus Rs 6.1 crore (YoY)
-Total income up 13.7 percent at Rs 341 crore versus Rs 300 crore (YoY)
-EBITDA up 34.8 percent at Rs 43.4 crore versus Rs 32.2 crore (YoY)
-EBITDA margin at 12.7 percent versus 10.7 percent (YoY)
-Finance cost up 52.9 percent at Rs 26 crore versus Rs 17 crore (YoY)


Pitti Laminations Q4
-Net loss at Rs 4.3 crore versus profit of Rs 4.6 crore (YoY)
-Total income down 26 percent at 76.9 crore versus Rs 103.9 crore (YoY)


Ugar Sugar Q4
-Net profit at Rs 61.6 crore versus Rs 23.2 crore (YoY)
-Total income at Rs 380 crore versus Rs 182.5 crore (YoY)
-EBITDA at Rs 70.5 crore versus Rs 26.2 crore (YoY)
-EBITDA margins at 18.6 percent versus 14.4 percent (YoY)


Pennar Industries Q4
-Net profit up 1.9 percent at Rs 16.3 crore versus Rs 16 crore (YoY)
-Total income down 4.4 percent at Rs 350.7 crore versus Rs 366.7 crore (YoY)
-EBITDA up 12.4 percent at Rs 50.8 crore versus Rs 45.2 crore (YoY)
-EBITDA margin at 14.5 percent versus 12.3 percent (YoY)